Drug Store

Salisbury, NC Drug Stores for Sale

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Walgreens Absolute NNN at Signalized Corner
Updated: Jul 23
Walgreens Absolute NNN at Signalized Corner

1505 East Innes Street, Salisbury, NC 28146

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15,125 sqft
Absolute NNN lease with approximately 10.7 years of term remaining
Lease extended through 2037 with eleven, 5‑year renewal options plus one additional 5‑year option to renew
Hard‑corner, signalized intersection on East Innes Street (18,000 VPD) and Faith Road (10,000 VPD)
Immediate access to Interstate 85 (86,500 VPD)
Adjacent to Exxon, Kim's Nails & Spa, and Oasis Car Spa; Mattress Firm and Heroes Car Wash across the street
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Salisbury, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Retail Building with Parking Lot
Retail Building with Parking Lot

600 Randolph St, Thomasville, NC 27360

$636,000
6,370 sqft

Former Kerr Drug Store offers mostly open retail or office space, with a newly installed roof and parking for 40+ vehicles.

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Freestanding Absolute NNN CVS Property
Freestanding Absolute NNN CVS Property

7515 Williamson Road, Roanoke, VA 24019

Contact for pricing
11,985 sqft

Absolute NNN-leased freestanding CVS building with over 20 years of tenant operation and more than four years of firm term remaining.

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Drug Store Retail Property
Drug Store Retail Property

274 N MAIN ST, Mooresville, NC 28115

Contact for pricing
11,487 sqft

Retail drug store asset offered for sale, noted for 11+ years of history and no rent holiday.

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CVS Drug Store Ground Lease
CVS Drug Store Ground Lease

2712 Peters Creek Road, Roanoke, VA 24019

$3,672,232

Absolute net lease with zero landlord responsibilities for a CVS location along a primary retail corridor.

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Salisbury, NC Drug Stores Market Trends and Statistics

Explore 1 drug stores for sale in Salisbury, NC on our real estate platform. These investment opportunities span a total of 15,125 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 10
Automotive properties 3
Auto shops 2
Drug stores 1
Gas stations 1

Demographics Overview

Population 84K
Population Growth (5Y) +8.3%
Median Household Income $59,820
College Educated 23.8%

Taxes & Financing

Tax Rate (average for all types) 1.03%
Property Tax per SF $19.68 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Rowan County

New Delisted

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